Plexus Holdings

We are an established oil and gas engineering and service business, admitted to trade on the London Stock Exchange AIM Market in December 2005. Based in Aberdeen we are a dominant figure in the North Sea while also securing contracts internationally with our POS-GRIP® Wellhead System, which has been used on more than 300 wells worldwide. Our patented POS-GRIP technology was invented, developed and commercialised by Plexus' founder and CEO, Ben van Bilderbeek, an accomplished engineer, with over 35 years industry experience. Ben is also a successful entrepreneur and received the prestigious accolade of Entrepreneur of the Year 2013 at Grant Thornton's Quoted Company Awards. Our unique product is safer, more reliable and cost-effective, and technically superior to our competitors' and it is thanks to the success of this technology and future prospects in the subsea sector that Plexus continues to grow in both size and reputation. Winning the Best Oil and Gas Plc at the Annual Stock Market Wire Awards 2013 provided further evidence that our reputation as a supplier of the best-in-class wellhead equipment is gaining momentum. Looking forward we plan to continue expanding into the global jack-up exploration wellhead market. whilst continuing to develop both existing and new products for the much larger surface production and subsea markets, including for example advanced testing of a POS-GRIP high pressure/high temperature (HP/HT) tie-back connector. Of particular importance was the establishment of our new subsea wellhead design Joint Industry Project (JIP), in collaboration with a number of major oil and gas operators, which has successfully resulted in the development and commercialisation of a new, safer, subsea wellhead (Python™) that incorporates Plexus' pioneering POS-GRIP technology. This was launched at OE2015 in September. Our goal is to develop POS-GRIP technology as the industry standard for wellhead design.